Swallowtail School Inc

Analysis

Swallowtail School Inc is a registered charity in United States, based in Cornelius, OR. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Swallowtail School Inc reported income of $2.9m and spending of $2.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Swallowtail School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include Nursing Practice Corporation ($2.9m), Trio Wolf Creek Distance Learning ($2.9m) and State Financial Officers Foundation Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $168k (6.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.4m against liabilities of $2.4m, net assets of $1.9m. It reported 44 employees.